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Young people mobilize against casinos

A group of young people from Penghu County yesterday urged other residents of the archipelago working in Taiwan proper to return home and vote against gambling in an upcoming referendum on allowing corporations to establish casinos in Penghu.

At a press conference in Taipei, Liu Yu-ming (劉昱明), a student at National Taiwan University’s Graduate Institute of Law, warned that Penghu’s image and reputation as a natural paradise could be tarnished if residents voted “yes” in the referendum.

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Chen charged over diplomatic funds

Prosecutors yesterday issued another wave of indictments against former president Chen Shui-bian (陳水扁), charging him and four others with embezzlement in a case involving classified diplomatic projects.

The Supreme Prosecutors' Office's Special Investigation Panel (SIP), in charge of probing the former president's corruption and money laundering cases, said it had completed its investigations.

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Newsflash

Chinese President Hu Jintao (胡錦濤) urged an end to a “zero sum” Cold War relationship with the US and proposed new cooperation, but resisted US arguments about why China should let its currency strengthen.

Indeed, in a sign that the future of the US currency continues to concern the most senior levels of the Chinese government, he said the US dollar-based international currency system is a “product of the past.”